Safari File Edit View History Bookmarks window Help ezto.mhe connect. BA 211 Fin

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Safari File Edit View History Bookmarks window Help ezto.mhe connect. BA 211 Financial Accou ACCOUNTING Week 11 Question 4 (of 5) 4. M12-7 Computing Cash Flows from Financing Activities [LO 12-4 Based on the following information, compute cash flows from financing activities under GAAP Purchase of investments Dividends paid Interest paid Additional borrowing from bank $ 280 1,230 430 2,950 Flows from Financing Activities References eBook&Resources; Worksheet Difficulty: 1 Easy M12-7 Computing Cash Flows from Financing Activities [LO 12- from financing activities 4] Learning Objective: 12-04 Report cash flows

Explanation / Answer

Cash flow from Financing Activities: 1720 *Calculation: Additional borrowing from bank 2950 Dividends Paid -1230 Cash flow 1720 *Purchase of investment = Investing Acivity *Interest paid   = Operating Activity ( under GAAP)

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